Current Affairs

Depreciation of Currency

Currency depreciation is the decline in a nation’s currency value relative to others. The opposite of currency depreciation is currency appreciation, where a currency becomes stronger. Facts to Know  Easy monetary policy and high inflation can lead to currency depreciation, … Continue reading

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Compulsory Provisions of Panchayati Raj

The concept of Panchayati Raj was added to the Constitution by the 73rd Amendment and inserted Part IX. It also added It also added Eleventh Schedule to the Constitution that contains 29 functional items for Panchayats. Compulsory Provisions of Panchayati … Continue reading

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DIVEX 2026

It is an India–Sri Lanka diving exercise between both countries’ navies. The bilateral exercise brings together diving teams from both navies to undertake specialised underwater operations. The engagement aims at enhancing interoperability, operational cohesion, and the exchange of best practices … Continue reading

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Konark Sun Temple

Located at Coastline of Odisha in the Puri district Built by King Narasimha Deva I of the Eastern Ganga Dynasty Also called the Surya Devalaya, the temple is dedicated to the Hindu god Surya. Built in Kalinga Architecture It has … Continue reading

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Ramsar Sites and Shekha Jheel Bird Sanctuary

Ramsar Sites Ramsar Sites are wetlands of international importance designated under the Ramsar Convention on Wetlands. Adopted in 1971 at Ramsar and came into force in 1975. It is an intergovernmental treaty for the conservation and wise use of wetlands. … Continue reading

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Chardham Sites

  Source: PIB

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Insolvency

Insolvency refers to a situation where individuals or companies cannot repay back their outstanding debt obligations. Criteria For Declaring Criteria for Corporate Insolvency (Companies & LLPs) A minimum default of ₹1 Crore must exist for initiating the Corporate Insolvency Resolution … Continue reading

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River Basin Management (RBM) Scheme

It aims to ensure the integrated planning, sustainable use, and protection of surface and groundwater resources at the river basin level. Central Sector Scheme under the Ministry of Jal Shakti. Rather than treating rivers, tributaries, lakes, and groundwater in isolation, … Continue reading

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Basaveshwara

He was a 12th-century poet and philosopher. Founder of Lingayatism. The term Lingayat denotes a person who wears a personal linga, an iconic form of God Shiva, on the body, which is received during the initiation ceremony. Basavanna spread social … Continue reading

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Sundarban Delta

The Sundarbans, a cluster of low-lying islands in the Bay of Bengal, spread across India and Bangladesh, are famous for their unique mangrove forests. Formation Sundarbans are formed by the deposition of the Ganges, Brahmaputra, and Meghna rivers on the … Continue reading

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